The Milan prosecutor's office has opened an investigation into Eng Italy. This was revealed by Il Sole 24 Ore, according to which the investigation is currently against unknown persons, but the entry in the bank's register of suspects could already arrive in the next few hours.
So the troubles of the Italian branch of Ing Bank continue. After finding some flaws in the systems anti money laundering, Last Friday Bankitalia decided to prohibit the Dutch institute from opening new accounts with customers, the most famous of which is Conto Arancio, until further notice.
"In close collaboration and agreement with the Bank of Italy, Ing Italy will suspend the activities of acquiring new customers - the bank said - during the period necessary to deepen the improvement plans" with the supervisory authority. Ing also assures” that it will continue to offer full service to existing customers in Italy. In the coming days, ING will work hard to address the shortcomings and resolve the critical issues identified".
Neither of the two decisions represents a real "surprise". For months Ing has been grappling in various European countries with a series of problems related to anti-money laundering systems. In September 2018, Dutch authorities fined the bank €775 million. Not surprisingly, the investigation by the Milan prosecutor's office would arise precisely from some reports arrived from European investigation orders on various online scams carried out against citizens through online accounts opened at Ing Italia.
In Amsterdam Actions Ing Bank lose 2,3% after the news from Italy.
